About MFS Municipal Income Trust
MFS Municipal Income Trust (the Fund) is a diversified closed-end management investment company. The Fund's investment objective is to seek high current income exempt from federal income tax, but may also consider capital appreciation. The Fund invests, under normal market conditions, approximately 80% of its net assets, including assets attributable to preferred shares and borrowings for investment purposes, in municipal bonds. These municipal bonds include debt securities issued by or on behalf of states, territories, possessions of the United States, District of Columbia, and their political subdivisions, agencies or instrumentalities. The Fund invests in industries, including healthcare, tobacco, water and sewer utility, universities-colleges and universities-secondary schools. It has investments in areas, including Alabama, Alaska, Arizona, California, Colorado and Florida. The Fund's investment advisor is Massachusetts Financial Services Company (MFS).
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Closed-End Fund - Debt
- Sub-Industry: N/A
- Exchange: NYSE
- Symbol: MFM
Companies Related to MFS Municipal Income Trust:
- Previous Close: $6.98
- 50 Day Moving Average: $6.88
- 200 Day Moving Average: $7.02
- 52-Week Range: $6.51 - $7.63
- Trailing P/E Ratio: N/A
- P/E Growth: 0.00
- Market Cap: $N/A
- Beta: 0.01
Consensus Ratings for MFS Municipal Income Trust (NYSE:MFM) (?) The ratings breakdown includes the most recent rating from each analyst that has rated the stock within the last twelve months. The ratings score is a calculation of the average number of sell, hold, buy and strong buy ratings (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). The consensus price target is a mean average of the most recent price target set by each analyst that has set a price target for the stock in the last twelve months.
|Ratings Breakdown: ||No ratings tracked in the last 12 months.|
|Consensus Rating:||N/A (Score: NaN)|
|Consensus Price Target: ||N/A|
Analysts' Ratings History for MFS Municipal Income Trust (NYSE:MFM)
No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History for MFS Municipal Income Trust (NYSE:MFM)
No earnings announcements for this company have been tracked by MarketBeat.com
Earnings Estimates for MFS Municipal Income Trust (NYSE:MFM)
No earnings estimates for this company have been tracked by MarketBeat.com
Current Dividend Information for MFS Municipal Income Trust (NYSE:MFM)
|Dividend Growth:||-5.00% (3 Year Average)|
Dividend History for MFS Municipal Income Trust (NYSE:MFM)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for MFS Municipal Income Trust (NYSE:MFM)
Insider Ownership Percentage: 0.75%
Institutional Ownership Percentage: 9.56%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|7/23/2014||Maryanne L Roepke||Director||Buy||1,862||$6.49||$12,084.38|| |
Latest Headlines for MFS Municipal Income Trust (NYSE:MFM)
What is MFS Municipal Income Trust's stock symbol?
MFS Municipal Income Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "MFM."
How often does MFS Municipal Income Trust pay dividends? What is the dividend yield for MFS Municipal Income Trust?
MFS Municipal Income Trust announced a monthly dividend on Thursday, February 2nd. Investors of record on Thursday, February 16th will be given a dividend of $0.031 per share on Tuesday, February 28th. This represents a $0.37 dividend on an annualized basis and a dividend yield of 5.33%. The ex-dividend date is Tuesday, February 14th.
How do I buy MFS Municipal Income Trust stock?
Shares of MFS Municipal Income Trust can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of MFS Municipal Income Trust stock cost?
One share of MFS Municipal Income Trust stock can currently be purchased for approximately $6.98.
MFS Municipal Income Trust (NYSE:MFM) Chart for Friday, February, 24, 2017
Institutional Ownership ChartEarnings History ChartDividend History Chart